Key changes to customs laws amended through Finance Bill 2020

ISLAMABAD: The government has announced major changes to Customs Act, 1969 through Finance Bill, 2020. EY Ford Rhodes Chartered Accountants highlighted the key changes to Customs Act, 1969 that are amended through... Read more »

Customs law amended related to burden of proof

ISLAMABAD: The Finance Bill 2020 has made amendments to Customs Act, 1969 and made it mandatory for a person alleged of any offence is required to prove that property acquired by him... Read more »

Concealment of currency, gold in baggage to be treated as smuggling

ISLAMABAD: The Finance Bill 2020 has made amendments to Customs Act, 1969 and defined any concealment of currency or gold in passengers’ baggage shall be treated as smuggling. In this regard amendment... Read more »

Law tightened to prevent fiscal fraud on imported goods

ISLAMABAD: The Finance Bill, 2020 issued on Friday has proposed tightening customs law to prevent fiscal fraud on imported goods. The bill proposed amendment to Section 32A of Customs Act, 1969 which... Read more »

No claim of compensation against customs officials

KARACHI: An owner of goods has not entitled for claiming compensation from customs officials for any damage done during lawful detention. Read more »

Tax Amendment Ordinance: highlights of changes in customs law

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued salient features of to highlight amendments to Customs Act, 1969 made through Tax Law (Second Amendment) Ordinance, 2019. Read more »

Tax Amendment Ordinance: Customs officials empowered using firearms in the line of duty

ISLAMABAD: The government has authorized customs officials to use firearms in the line of duty to prevent smuggling and other illegal activities. Read more »

Convicted persons to display names at business places

KARACHI: A person, who is convicted in an office of smuggling, is required to display notice of conviction for a period of three months. Read more »

No legal proceeding against customs officials while exercising powers

KARACHI: Customs laws protect officials from legal proceedings in case anything done in good faith while exercising powers. Read more »

Harsh penalties for pilferage of transshipped goods

KARACHI: Customs laws has defined harsh penalties for pilferage or replaced enroute of transshipment of goods without payment of duty. Read more »